Too Big to Save? How to Fix the U.S. Financial System

first_imgRobert Pozen, a Harvard Business School lecturer, poses long-term solutions for solving the problems of now. From the housing slump and the stock market to the big bank bailout, this book is a blueprint for reform.last_img

ERM is a journey

first_imgLet’s imagine for a moment that you’ve been asked to lead a group of settlers. Your team will be traveling through uncharted territory and will begin in Fresno, Calif., and head east. The goal is to reach Santa Fe, N.M., where the group plans to build a home. There has never been a group attempt to reach Santa Fe from the west. What should you do at this point? You could:accept the risk and begin the journey without knowing what lies ahead;mitigate the risk by sending a scout team ahead to inform you of any obstacles;transfer the risk by contracting experienced guides to help lead the group; oravoid the risk and refuse to lead the group.In this case, let’s assume you’ve decided to accept the leadership role and forge ahead and mitigate the risk. A scout team is moving ahead of the group. Runners are relaying messages back to the group leader. The group has been traveling for several days through the desert and conditions are beginning to improve. The group is anxious to hear what the runners have to say. On this particular day a runner reports a huge canyon just a few days ahead. continue reading » 12SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

Chess Federation of RS celebrates 20th anniversary

first_imgTogether with the ceremonial session of the Assembly that will be held on Sunday, at the hotel ” Kardinal” in Banja Vrućica, the Chess Federation of RS will celebrate its 20th anniversary. ”We are proud of the previous two decades and with this ceremony we want to take time and celebrate will all people that were our support from 1992”- said the president of the Organizing committee for marking the jubilee and the managing director of Chess Federation in RS, Miladin Gavrić. After the special ceremony of delivering recognition, the hosts of this event will begin the celebration with a game of chess.last_img read more